City of Traverse City (MI) Electricity Rate per kWh (2024 EIA Data)

City of Traverse City (MI) is a municipally owned electric utility that reports to the U.S. Energy Information Administration under utility number 19125. In 2024 it served 9,161 bundled residential customers in Michigan, and its average realised residential price was 12.70 cents per kWh: $7.6 million of residential revenue divided by 60,013 MWh of residential sales.

Across the other sectors, City of Traverse City (MI)'s 2024 average prices were 12.12 cents for commercial customers (3,945 accounts) and 8.00 cents for industrial customers (40 accounts). Industrial customers paid 4.70 cents less per kWh than households, a 37% discount that is typical of high-volume, high-voltage service.

Within Michigan, City of Traverse City (MI) ranked number 20 of 30 utilities with bundled or delivery service by residential accounts served (9,161) and accounted for 0.18% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 19.30 cents per kWh, so City of Traverse City (MI)'s customers paid 6.60 cents below the Michigan average (-34.2%). For context, EIA's latest monthly figure for Michigan is 22.99 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places City of Traverse City (MI) in 2 Michigan counties: Grand Traverse and Leelanau. On the grid side it operates in the RFC NERC region and the MISO market, and reported distribution and bundled as its activities. Balancing authority code: MISO.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 13.42 cents per kWh for City of Traverse City (MI) in Michigan across 10,097 residential customers, 0.72 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.

The nearest other utilities in Michigan by service-territory centroid are Cherryland Electric Coop Inc (21.2 miles away, 16.36 cents), Great Lakes Energy Coop (57.5 miles away, 19.17 cents), Presque Isle Elec & Gas Coop (80.5 miles away, 20.99 cents), City of Gladstone (80.5 miles away, 15.62 cents), and Cloverland Electric Co-op (85.4 miles away, 14.37 cents).